Quhuo(US:QH) Prnewswireยท2025-05-30 10:00Core Insights - Quhuo Limited's homestay sector, Chengtu Home, reported an occupancy rate of 82% during the 2025 Labor Day holiday, marking a 4% increase year-over-year, with a peak single-day occupancy surpassing 90%, reflecting a 3% growth [1][2][7] Industry Trends - Domestic travel in China reached 314 million trips during the 2025 Labor Day holiday, a 6.4% increase from the previous year, with travelers increasingly seeking "slow-paced" and "immersive" experiences that emphasize local culture and lifestyles [2] - Homestays have gained popularity over traditional hotels due to their focus on local charm and personalized experiences, driving sustained demand for this type of accommodation [2] Company Strategy - Chengtu is enhancing its offerings by providing a variety of room types tailored to specific traveler needs, such as family-friendly rooms and cinema rooms, to meet diverse consumer preferences [3] - The company launched a WeChat mini-program to streamline the booking process, allowing users to filter properties and communicate with hosts in real-time, thereby improving user experience [4] - Chengtu is deepening collaboration with hosts by analyzing user data to enhance service efficiency and customer satisfaction, while also allowing hosts to customize their spaces to reflect local culture [5] - The company plans to open its platform to more domestic homestay hosts, providing standardized management tools and marketing support to improve operational efficiency and scalability [6] Leadership Insights - Tong Ji, General Manager of Chengtu, emphasized the importance of product innovation and technology upgrades in achieving improved performance during the holiday [7] - Leslie Yu, Founder and CEO of Quhuo, highlighted the company's commitment to leveraging technology and refining its business model to enhance service quality and meet the diverse needs of consumers and hosts [7][8]